CNBX Pharmaceuticals Inc (CNBX)

[jim992]

In my opinion, they have the employees in place and the structure between here and overseas to do what they have to do.

What they are avoiding, and the reason you are reading actual news instead of publicity news from them, is because they are going to keep this stock below a consistent $ 5 until they are certain they are ready to change boards.

The board they trade on now is $ 5.00 and below. To go to the big board, a consistent $ 5.00 and above, they will want to have taken advantage of every supplier, every contract, etc, etc before they are viewed as a company to charge higher costs to.

For example: If you buy a product regularly under the name Mike's Auto Repair, you will probably pay a certain price. If you order under the name General Motors or Ford Motor Company, you might get price gouged. To argue that this doesn't happen is to say that our government doesn't get taken advantage of by their suppliers even though they are the US Government. $ 700 toilet seat, anyone?

I think this is a big part of it. They are avoiding going big before they have accomplished a certain number of things so they are not held over the buy out fire or forced to pay higher costs.

Take care, Jim